Accountants Confidence Index — May 2017

After a jump in March, the Accountants Confidence Index took another big jump in April.

The ACI, published in partnership with ADP, is a monthly economic indicator that leverages the insights of accountants into the strength and prospects of businesses in the U.S. The 3-Month ACI came in at 55.65, up almost three points from the previous month's 52.79. The 6-Month ACI, meanwhile, came in at 58.14, up more than a point from last month's 56.79.

Among the index components, the biggest increases were generally in the short-term, with expectations of growth over the next three months jumping by three or more points in all categories..

The ACI is created from a monthly poll of the Accounting Today Executive Research Council, an online community of more than 1,500 tax and accounting professionals.

Tags

Firms, state CPA societies and national accounting organizations are addressing the wave of international outrage and demonstrations sparked by the killing last week of George Floyd, an unarmed African American, by four Minneapolis police officers.